$625,000
SOLD DEC 1, 2020

532 University Place Grosse Pointe, MI 48230

4 Beds
2 Baths
3,860 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$162 Per Sq Ft

5% Below List Price

7 Days on Market

Highlights

  • Cape Cod Architecture
  • Cathedral Ceiling
  • Fenced Yard
  • Lewis Maire Elementary School Rated A
  • Wood Flooring
  • 3 Car Detached Garage

About This Home

As of December 2020

CHARMING 4 BEDROOM CAPE COD COLONIAL IN THE HEART OF GROSSE POINTE! THIS HOME HAS BEEN PROFESSIONALLY DESIGNED/RENOVATED AND INCLUDES: UPDATED BRIGHT KITCHEN WITH STAINLESS APPLIANCES,GRANITE COUNTERS, FORMAL DINING ROOM, LIVING ROOM,DEN, LARGE FAMILY ROOM, MUDROOM, MASTERSUITE WITH VAULTED CEILINGS,DRESSING ROOM AND PRIVATE STAIRWAY. THIS HOME IS CLASSIC IN ARCHITECTURE, BUT OFFERS ALL THE SPACE, FUNCTION AND STYLE FOR TODAY'S LIVING! **CLASSIC DETAILS & MODERN AMENITIES!!! **THIS HOME WAS FEATURED IN THE GROOSE POINTE SOUTH CHRISTMAS WALK! **WALK TO SCHOOLS/VILLAGE/HILL & LAKEFRONT PARK! EXCLUSIONS: DINING ROOM CHANDALIER & SCONCES.

Last Agent to Sell the Property

Kay Agney

Higbie Maxon Agney Inc License #MISPE-6502119691 Listed on: 10/03/2020

Last Buyer's Agent

Joseph Leto

Signature Sotheby's International Realty GPF License #RCO-6501374646

Signature Sotheby's International Realty GPF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x133
  • Fenced Yard

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Partially Finished Basement
  • Brick Basement

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Steam
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 37 003 07 0068 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,916

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Cape Cod, Colonial
  • Structure Style: 2 Story
  • Total Tax Amount: 10916.05
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral/Vaulted Ceiling, Ceramic Floors, Hardwood Floors, Walk-In Closet
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: LivRoom Fireplace, Natural Fireplace
  • Basement: Yes
  • Basement: Partially Finished, Brick
  • Bedrooms: 4
  • Bedroom 1: On 2nd Floor, Dimensions: 16 x 12
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On 2nd Floor, Dimensions: 11 x 8
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On 2nd Floor, Dimensions: 22 x 12
  • Bedroom 3 Floor Covering: Wood
  • Bedroom 4: On 2nd Floor, Dimensions: 21 x 14
  • Bedroom 4 Floor Covering: Carpet
  • Bathrooms Description: Basement Lavatory, MstrBdrm Full Bathroom
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Bathroom 1: Dimensions: 9 x 7, On Level: Second, Flooring: Ceramic
  • Bathroom 2: Dimensions: 5 x 11, On Level: Second, Flooring: Ceramic
  • Dining Room: On Entry Level, Dimensions: 12 x 13
  • Dining Room Floor Covering: Wood
  • Family Room: On Entry Level, Dimensions: 30 x 16
  • Family Room Floor Covering: Carpet
  • Kitchen: On Entry Level, Dimensions: 22 x 13
  • Kitchen Features: Eat-In Kitchen, Formal Dining Room
  • Kitchen Floor Covering: Wood
  • Library Den: On Entry Level, Dimensions: 12 x 9
  • Library Den Floor Covering: Wood
  • Living Room: On Entry Level, Dimensions: 22 x 12
  • Living Room Floor Covering: Wood
  • Other Room1: Dimensions: 18x6, On Level: Entry, Flooring: Wood
  • Other Room 2: Dimensions: 8x6, On Level: Entry
  • Below Grade Sq Ft: 1017
  • Finished Below Grade Sq Ft: 760
  • Half Bathrooms: 2
  • Above Grade Finished Sq Ft: 3100
  • Total Finished Sq Ft: 3860

Exterior Features

  • Exterior: Brick
  • Exterior Features: Fenced Yard, Patio, Porch, Sidewalks, Street Lights
  • Foundation: Basement
  • Frontage: 60
  • Road: City/County

Garage/Parking

  • Garage: Detached Garage, Electric in Garage, Gar Door Opener
  • Garage Spaces: 3
  • Parking: Covered Parking
  • Garage: Yes

Utilities

  • Heating: Boiler, Steam
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Central A/C

Lot Info

  • Assessor Parcel Number: 37 003 07 0068 000
  • Zoning: Residential
  • Lot Dimensions: 60X133
  • Acreage: 0.18
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2019, Amount: $7,126.50
  • Winter Tax: Year: 2019, Amount: $3,789.55
  • Taxable Value: 204529
  • Total Tax: Amount: $10,916.05
  • SEV Year: 2020

MLS Schools

  • School District: Grosse Pointe Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2020
Closed on
Dec 1, 2020
Sold by
Eselius Elizabeth Ann and Eselius Elizabeth
Bought by
Borio Jordan and Borio Kathryn
Seller's Agent
Kay Agney
Higbie Maxon Agney Inc
Buyer's Agent
Joseph Leto
Signature Sotheby's International Realty GPF
List Price
$659,000
Sold Price
$625,000
Premium/Discount to List
-$34,000
-5.16%
Current Estimated Value
$866,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,680
Avg. Annual Appreciation
5.37%
Original Mortgage
$500,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2020
Sold by
Naporano Joseph Anthony
Bought by
Eselius Elizabeth Ann and Naporano Elizabeth Ann

Purchase Details

Listed on
Oct 27, 2013
Closed on
Feb 7, 2014
Sold by
Kornmeier Stephen A and Kornmeier Kristine A
Bought by
Naporano Joseph and Naporano Elizabeth
Seller's Agent
Gloria Kotas
Johnstone & Johnstone
Buyer's Agent
Cathy Champion
Sine & Monaghan LLC
List Price
$487,500
Sold Price
$455,000
Premium/Discount to List
-$32,500
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%

Purchase Details

Closed on
Mar 31, 2000
Sold by
M Krueger D
Bought by
Kristine A Kornmeier
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $625,000 Ata National Title Group Llc
Interfamily Deed Transfer -- None Available
Warranty Deed -- Capital Title Ins Agency
Deed $565,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $535,000 New Conventional
Closed $500,000 New Conventional
Closed $31,250 Credit Line Revolving
Previous Owner $264,000 New Conventional
Previous Owner $345,000 Unknown
Previous Owner $68,000 Credit Line Revolving
Previous Owner $379,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold $625,000 -3.8% $162 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
10/03/2020 10/03/20 Price Changed $649,900 -1.4% $168 / Sq Ft
10/03/2020 10/03/20 For Sale $659,000 +44.8% $171 / Sq Ft
02/07/2014 02/07/14 Sold $455,000 -6.7% $169 / Sq Ft
01/20/2014 01/20/14 Pending -- -- --
10/27/2013 10/27/13 For Sale $487,500 -- $181 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,593 $340,300 $0 $0
2023 $10,103 $302,400 $0 $0
2022 $14,622 $282,600 $0 $0
2021 $14,179 $279,800 $0 $0
2019 $10,916 $249,900 $0 $0
2018 $6,647 $222,200 $0 $0
2017 $7,017 $219,400 $0 $0
2016 $10,004 $195,900 $0 $0
2015 $18,970 $189,700 $0 $0
2013 $15,145 $159,600 $0 $0
2012 -- $147,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50025464

Michigan Multiple Listing Service

APN: 37-003-07-0068-000